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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

What’s in Joe Manchin and Chuck Schumer’s Reconciliation Deal on Climate, Health and Tax Policy?

1 Groups   
WSJ - 08.12.2022 Original article ›
Amara Omeokwe, Siobhan Hughes
LyrArc Article Gist
What is in the biggest climate bill in history, the Biden $369 billion Climate Bill, also called the Inflation Reduction Act of 2022? The WSJ looks at the bill that passed the US Senate and now heads for passage in the House of Representatives this weekend. 

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Biden Signs Expansive Health, Climate and Tax Law

1 Groups   
NYTimes.com - 08.16.2022 Original article ›
Jim Tankersley
LyrArc Article Gist
President Biden signs the $379 billion Climate bill and tax legislation into law. Mr. Biden told a White House crowd to standing ovation "This is the biggest Climate Bill ever." At the signing event Mr. Biden tells Senator Manchin  "Joe, I never had a doubt." Senator Schumer quietly negotiated the final bill with Senator Manchin in one crucial week just recently to get it through a 50-50 split US Senate.

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Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain

1 Groups   
NYTimes.com - 08.18.2022 Original article ›
Jim Tankersley
LyrArc Article Gist
As president Biden signs the biggest Climate Bill in history Jim Tankersley says there is still more to be done. In addition to the work remaining for children, women and families, he mentions the Civilian Climate Corps with financing for $10 billion that is patterned on the Civilian Conservation Corps set up during the Depression by FDR, which is still to be passed. This would form "the next generation of conservation and resilience workers," says Biden. Much like the 3 million people who helped build parks, cut trails and planted trees around the US in the 1930's and 1940's under FDR.

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Iran Seeks to Rally International Support Against U.S. Pressure

6 Groups   
WSJ - 06.18.2019 Original article ›
Sune Engel Rasmussen In Beirut, Aresu Eqbali In Tehran

Delta Profit Soars on Lower Fuel Costs

7 Groups   
Wall Street Journal - 10.15.2015 Original article ›
Doug Cameron, Doug, Cameron

Oil Jobs Squeezed as Prices Plummet

2 Groups   
Wall Street Journal - 12.28.2014 Original article ›
Jeffrey Sparshott, Jeffrey, Sparshott

Stalled Oil Field Project Adds to Iraq’s Woes

6 Groups   
Wall Street Journal - 09.16.2015 Original article ›
Matt Bradley, Matt, Bradley

BP Launches $8 Billion Share Buyback After TNK-BP Sale

11 Groups   
Wall Street Journal - 03.24.2013 Original article ›
James Herron, James, Herron, Selina Williams, Selina, Williams

Measuring Car Sales by the Gallon

4 Groups   
Wall Street Journal - 12.02.2014 Original article ›
Spencer Jakab, Spencer, Jakab

Non-U.S. Shales Prove Difficult to Crack

1 Links 9 Groups   
Wall Street Journal - 03.19.2015 Original article ›
Justin Scheck And Selina Williams, Justin, Scheck, And, Selina, Williams

As U.S. Leaves, Oil-Hungry China Stuck in Middle East

9 Groups   
Wall Street Journal - 06.27.2012 Original article ›
Brian Spegele, Brian, Spegele
LyrArc Article Gist
Projections by the U.S. Energy information Administration and the International Energy Agency for oil supplies and demand 2010-2035. Continued high growth in demand in India and China, and declining demand in Japan, U.S. and the EU.
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No Agreement on Oil Freeze at Doha Meeting

7 Groups   
Wall Street Journal - 04.18.2016 Original article ›
Benoit Faucon, Benoit, Faucon, Summer Said, Summer, Said, Bill Spindle, Bill, Spindle
LyrArc Article Gist
The OPEC meeting in Doha in April 2016 fails to lead to an agreement to freeze oil production at Jan. 2016 levels, with Iran staying away from the meeting.
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Energy Sector Rout Intensifies on Mild Weather, OPEC

2 Groups   
Wall Street Journal - 12.08.2015 Original article ›
Nicole Friedman And Timothy Puko, Nicole, Friedman, And, Timothy, Puko

How OPEC lost control of the oil market - The Washington Post

8 Groups   
Washington Post - 04.15.2016 Original article ›
Steven Mufson, Steven, Mufson

Could Shale Gas Reignite the U.S. Economy?

5 Groups   
BusinessWeek - 11.03.2011 Original article ›
Paul M. Barrett, Paul, M., Barrett

What’s so important about the oil meeting in Doha - The Washington Post

6 Groups   
Washington Post - 04.17.2016 Original article ›
Chris Mooney, Chris, Mooney
LyrArc Article Gist
The OPEC meeting in Qatar in April 2016 to stabilize oil prices with a freeze in production is not likely to affect supply and demand. Saudis and Russia are producing all out, and Iran plans to increase its production, making it difficult to reach an agreement. The International Energy Agency, IEA, predicts demand will rise by the end of 2016 from 94.8 million barrels a day to 95.9 million barrels a day. Production is at 96.4 million barrels a day, and this is expected to lead to narrowing the gap between supply and demand. Experts say cars are becoming more fuel effficient, and electric car technology is becoming commercially viable, leading to a lack of growth in demand in developed and middle income countries. This may have to be factored in for the intermediate and long run for demand growth.
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Cheap Oil Gives Little Help to U.S. Spending

6 Groups   
Wall Street Journal - 12.11.2015 Original article ›
Eric Morath, Eric, Morath

Trump backs Keystone XL and Dakota Access pipelines - BBC News

10 Groups   
BBC News - 01.24.2017 Original article ›

Why Bidenomics Gets No Love From Voters

  
WSJ - 06.28.2023 Original article ›
Greg Ip
LyrArc Article Gist
Greg Ip in the WSJ says president Biden's popularity has not surged because of lack of results in the fight against inflation. Yet inflation has been cut in half as reported in the WSJ recently, with May inflation of 4% in the US being about half of what it was at its peak of 9% in 2022.  Inflation is much worse in Europe. Biden policies that helped fight inflation included the Inflation Reduction Act to control health costs, the policies to keep Russian oil below a certain level that reduced oil prices to $75 a barrel, and the sequential interest rate increases by Jerome Powell at the Fed. The long term benefits of increased investment in manufacturing in the US for jobs growth, and competitive policy to gain US leadership in many technologies also provide for sound growth in the long term. 

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How New RBI Governor Patel’s Style Differs From Rajan’s

5 Groups   
WSJ - 10.05.2016 Original article ›
Gabriele Parussini
LyrArc Article Gist
Parussini describes the different style of new RBI Governor Urjit Patel, who is no rock star economist like his predecessor Raghuram Rajan. Rajan is quoted as once saying; "My name is Raghuram Rajan and I do what I do." Rajan engaged widely with the media. At his first press conference Patel made a short statement thanking RBI staff, and turned it over to staff at RBI who talked about financial supervision, banking regulation and other issues. Patel's answers were short without follow-up questions, the whole event over in 20 minutes. Patel was chosen by the new government of prime minister Modi to run RBI in 2016.

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Original article 2 minutes, gist 1 minute

Germany logs annual GDP increase of 1.9 percent | News | DW.COM | 12.01.2017

6 Groups   
DW.COM - 01.12.2017 Original article ›
LyrArc Article Gist
Germany's growth rate for GDP in 2016 was 1.9% compared to 2015. This is the highest growth rate in half a decade, and better than 2015 when the growth in GDP was 1.7%. Fiscal surplus was 0.6% of GDP in 2016. Germany's Economics and Technology Ministry says the economy is improving because of the positive labor situation, rising incomes and consumer spending. Real estate boom is also helping growth, and also the state spending including on refugees accomodation. Exports have surged and the economy has recovered from the Brexit effect. Exports surged to 1.1 trillion euros in 11 months of 2016.

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Original article 2 minutes, gist 1 minute

OPEC, Foreseeing No Glut, Keeps Oil Production Level Steady

6 Groups   
New York Times - 12.04.2013 Original article ›
Stanley Reed, Stanley, Reed
LyrArc Article Gist
Iran's oil minister says Iran will return to its pre-sanctions production of 4 million barrels a day with the easing of sanctions, from its current level of 2.7 million barrels a day. OPEC keeps production at 30 million barrels a day for the group at its meeting in Vienna in December 2013.
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Fall in Oil Prices Poses a Problem for Russia, Iraq and Others

18 Groups   
New York Times - 10.15.2014 Original article ›
David M. Herszenhorn, David, M., Herszenhorn

BP Reports Fall in First-Quarter Profit Amid Weaker Oil Prices

2 Groups   
Wall Street Journal - 04.28.2015 Original article ›
Sarah Kent And Justin Scheck, Sarah, Kent, And, Justin, Scheck

Oil Majors’ Dividends Survive Plunge in Oil Prices

7 Groups   
Wall Street Journal - 11.16.2015 Original article ›
Sarah Kent, Sarah, Kent

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